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wobber

legendary

Activity: 1064

Merit: 1001

Quote from: markj113 on January 04, 2015, 03:35:04 PM

short translation - the BTC im hoarding in a cold wallet isnt going to make me rich as I expected.

BTC was meant to be a currency and thus spent, traded, gambled and used not just stashed away until the price went to the moon making all early adopters overnight millionaires.

Show me a currency that suffered such massive image loss and I'll call bitcoin a currency. Until I'm calling bitcoin 'bitcoin'. Not a currency, not a stock, not a commodity.

Parazyd

hero member

Activity: 812

Merit: 587

Space Lord

Quote from: markj113 on January 04, 2015, 03:35:04 PM

BTC was meant to be a currency and thus spent, traded, gambled and used not just stashed away until the price went to the moon making all early adopters overnight millionaires.

And that I would do if the merchants wouldn't exchange it to fiat immediately.

mufa23

legendary

Activity: 1022

Merit: 1001

I'd fight Gandhi.

This crash is actually doing good for me. Recently got a new job and will have some extra cash. If I can grab some cheap coins at rock bottom, that'll be awesome!

Once it hits rock bottom, it only has one direction to eventually head: UP!

wobber

legendary

Activity: 1064

Merit: 1001

Quote from: DieJohnny on January 04, 2015, 03:34:09 PM

Quote from: wobber on January 04, 2015, 03:27:05 PM

Not sorry for being so blunt...

You trusted your bitcoins to any other 3rd party? You lost. You kept your coins in any other place than your wallet? You risked your money for nothing.

You daytraded? You helped the price to go down. I for one, sold only when I needed cash, only because I could not pay for much in BTC. Because if I could... I would had 0 fiat currency.

Remember that when you see the price so low it hurts. We had full power as a community to make bitcoin the 8th wonder of the world. But kinda failed.

not sure where failure is? the price? the adoption? the security of the network?

bitcoin will not be officially dead until another crypto has more adoption and is accepted in more places than bitcoin, I see nothing on the horizon that is even close.

Right now i fear only one thing, governments that is all

We just failed the price. Which is very important. The rest are somewhat a success.

markj113

legendary

Activity: 2254

Merit: 1043

short translation - the BTC im hoarding in a cold wallet isnt going to make me rich as I expected.

BTC was meant to be a currency and thus spent, traded, gambled and used not just stashed away until the price went to the moon making all early adopters overnight millionaires.

wobber

legendary

Activity: 1064

Merit: 1001

Quote from: twiifm on January 04, 2015, 03:30:46 PM

Quote from: wobber on January 04, 2015, 03:27:05 PM

Not sorry for being so blunt...

You trusted your bitcoins to any other 3rd party? You lost. You kept your coins in any other place than your wallet? You risked your money for nothing.

You daytraded? You helped the price to go down. I for one, sold only when I needed cash, only because I could not pay for much in BTC. Because if I could... I would had 0 fiat currency.

Remember that when you see the price so low it hurts. We had full power as a community to make bitcoin the 8th wonder of the world. But kinda failed.

It's the free market, brah

Are you calling yourself free when I could drive the price down lower to 240 just because am an early bird? And wait for those fat wallets to dump, that would be mayhem.

Are you calling yourself free and a GOVERNMENT has one of the biggest wallets Huh

ARE YOU CALLING YOURSELF FREE WHEN YOU DIDN'T FOUGHT FOR ANYTHING IN THIS MARKET? There's no such thing.

DieJohnny

legendary

Activity: 1639

Merit: 1004

Quote from: wobber on January 04, 2015, 03:27:05 PM

Not sorry for being so blunt...

You trusted your bitcoins to any other 3rd party? You lost. You kept your coins in any other place than your wallet? You risked your money for nothing.

You daytraded? You helped the price to go down. I for one, sold only when I needed cash, only because I could not pay for much in BTC. Because if I could... I would had 0 fiat currency.

Remember that when you see the price so low it hurts. We had full power as a community to make bitcoin the 8th wonder of the world. But kinda failed.

not sure where failure is? the price? the adoption? the security of the network?

bitcoin will not be officially dead until another crypto has more adoption and is accepted in more places than bitcoin, I see nothing on the horizon that is even close.

Right now i fear only one thing, governments that is all

rebuilder

legendary

Activity: 1615

Merit: 1000

So what you're suggesting is we should all have conspired to just hodl until the price is high enough. Then, presumably, we'd all sell, except that would crash the price. So just hodl forever. Never even buy anything with your BTC - the seller might convert the BTC to dirty fiat and crash the price!

It just doesn't work that way. You can't complain that the price is too low now if you're not willing to accept it went way too high before. It's just price discovery.

twiifm

hero member

Activity: 784

Merit: 500

Quote from: wobber on January 04, 2015, 03:27:05 PM

Not sorry for being so blunt...

You trusted your bitcoins to any other 3rd party? You lost. You kept your coins in any other place than your wallet? You risked your money for nothing.

You daytraded? You helped the price to go down. I for one, sold only when I needed cash, only because I could not pay for much in BTC. Because if I could... I would had 0 fiat currency.

Remember that when you see the price so low it hurts. We had full power as a community to make bitcoin the 8th wonder of the world. But kinda failed.

It's the free market, brah

Parazyd

hero member

Activity: 812

Merit: 587

Space Lord

Agreed on so many parts.

But I don't think we're failing. We've been here already.

waaat?

full member

Activity: 574

Merit: 104

the halvings are a fail - nothing else

the tech is brilliant. The economic aspect is an error

wobber

legendary

Activity: 1064

Merit: 1001

Not sorry for being so blunt...

You trusted your bitcoins to any other 3rd party? You lost. You kept your coins in any other place than your wallet? You risked your money for nothing.

You daytraded? You helped the price to go down. I for one, sold only when I needed cash, only because I could not pay for much in BTC. Because if I could... I would had 0 fiat currency.

Remember that when you see the price so low it hurts. We had full power as a community to make bitcoin the 8th wonder of the world. But kinda failed.

Topic: You are responsible for this - page 2. (Read 1424 times)